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Affordable
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These days, finding an affordable place to live in the Lockport area can be challenging. Home prices in Lockport are now at a median cost of $193,643, lower than the New York average of $610,895.
The average cost of rent is $977/mo in Lockport, primarily driven by the current value of real estate in the Lockport area. In Lockport, 29.91% of households rent, and 42.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lockport is $6,990 per month. Households that rent pay about 13.97% of their income on rent here. Lockport’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Lockport, NY: less expensive homes
- Warrens Corners, NY: higher priced homes
- Rapids, NY: higher priced homes
- Pendleton, NY: higher priced homes
- Orangeport, NY: equally priced homes
- Pendleton Center, NY: higher priced homes
- Molyneaux Corners, NY: higher priced homes
- Gasport, NY: equally priced homes
- McNalls, NY: higher priced homes
- Shawnee, NY: higher priced homes
Cities with Similar Populations
- Las Piedras, PR: less expensive homes
- Salem, VA: higher priced homes
- Sahuarita, AZ: higher priced homes
- Manhattan Beach, CA: higher priced homes
- Addison, IL: higher priced homes
- Lincolnton, NC: higher priced homes
- Lewiston, ME: higher priced homes
- Lewiston, ID: higher priced homes
- Lemoore, CA: higher priced homes
- Lauderdale Lakes, FL: higher priced homes
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